119 Madison RdOrange, VA 22960

Property Details for 119 Madison Rd

Year built

1972

Property size (Sq ft)

4,500 SF

Zone code

C COMMERCIAL

Property type

Other commercial real estate

APN

044-A2-00-30-0004

APU

044A200300004

Description

This exceptional investment opportunity encompasses a portfolio of five buildings totaling 40,802 square feet situated on a 1.94-acre lot in the heart of downtown Orange, Virginia. The property consists of twelve leasable spaces, currently boasting 100% occupancy with long-term tenants, providing immediate cash flow. The buildings are zoned for commercial use and strategically located near major transportation arteries, offering easy access to Charlottesville, Richmond, and Washington, D.C. The portfolio includes a mix of bank and storefront spaces, presenting a unique blend of established businesses and potential for future growth. This sale/leaseback opportunity is ideal for investors seeking a stable, high-occupancy asset in a thriving small-town market. The property's prime location and strong tenant base make it an attractive investment with significant potential for long-term appreciation. The individual building sizes vary, offering flexibility for future development or expansion. This is a rare chance to acquire a substantial commercial property in a desirable location with a proven track record of success. The portfolio's diverse tenant mix ensures a resilient income stream, making it a compelling investment for both seasoned and emerging investors. Don't miss this chance to own a piece of downtown Orange, Virginia. The asking price is $1,995,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,225,936

  Hospitality

  $1,122,951

  Educational

  $934,282

  Medical

  $966,413

  Retail

  $1,453,327

Location Insight

City

Orange

County

Orange

State

Virginia

Latitude

38.2454

Longitude

-78.1104

Property Tax & Assessments

FAQs

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